All Forum Posts by: Shital Thakkar

Hi @Sam Reddy... 

Here is the major reason of Dallas RE booming...and this will continue for next 10-20 years as more corporation relocating.

You must heard CAT last month and Wells Fargo may be next one...

As @Russell Brazil said...Leverage is the key here

Example...

Purchase price = 100K

Your Down Payment = 25K

Appreciation = 5%

New price of property = 105K

Your gain 5K on 25K = 20%...

on top of this if you are getting.... Tax depreciation + Cash Flow + Amortization etc... Overall RE is great passive investment.

CBRE Report Q1 2022

This can give idea where people moving and always great to build RE Empire on path of progress....

Always good to invest in city with high job growth.

Here is list of cities with highest growth in US...

Here is list of cities with highest employment growth.

High Employment Growth = High Population Growth = Strong RE

#1 Percentage Gain =  Austin

#1 Net Job Growth = Dallas

Around $170/SF

@Ronald Rohde

can you please elaborate on....Be sure to comply with lien requirements, keep progress payments, 10% retainage.

I am going to lease out.

Thanks @Jamie Hora, Great insights...

As you said detention pond will take up around 15% of land. What is your experience of Retention pond over Detention pond?

Can you please provide more insight on what study you do for location of driveway?

Hi @Stephen Brown, i build small multifamily (30 - 60 units) in DFW market.

There is very good demand of boutique apartments and easy to find land with zoning in this category.

You are not competing with instituitional investor, easy to raise capital and quick projects.

As @Tyler Peitzmeier said, easy hedge against inflation for small group of investors.

@Myles Johnson, lets connect if you like to discuss TX market, i am building in DFW market.

@Kyle Kovats, your point is valid regarding management. we try to make 2-3 small building in proximity to have common management